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Capital Gain Tax With Indexation Benefits

Today I am going to tell you what are the indexation benefits of Capital Gains, but before we look into benefits its worth to understand what is Capital Gain, It’s the profit... Read more »

Income Tax Exemptions On Long Term Capital Gain Under Section 54 Of Income Tax Act 1961

When you sale or transfer any of your Capital asset then you get some money and that money can make loss or gain in your Capital Asset which is known as Capital... Read more »

How To Use Capital Gain Account Scheme (CGAS) To Save Tax In India?

Capital Gain Account Scheme (CGAS) is a special bank account scheme where individuals and HUF’s can deposit there long term capital gain (LTCG) temporarily to save tax. Income tax act 1961 says,... Read more »

Capital Gain Tax Exemption Bonds – Safeguard Your Long Term Capital Gains Under Section 54EC

In todays economical condition, people find real estate as safe and profit generating investment. Buying a residential property, earning rent from the property for few years and then selling the same at... Read more »

Tax Implications On Capital Gains – Short Term & Long Term Capital Gain

Capital Gain Tax (CGT) is a tax charged on Capital gains, an income that is derived from the sale of an asset is known as Capital gain. Capital assets can be in... Read more »

In layman’s language, a capital gain refers to as the profit earned from a sale of investment such as stocks, bonds, and shares or property. It is one of the five heads of income under the Income Tax Act 1961. Capital gain can be long-term, i.e., for a period of more than one year or short term, i.e., for a period of 1 year or less. All entities must pay income tax applicable on capital gains. When an asset like property is sold, or investment such as stocks is sold at a price higher than the purchase price, this triggers a taxable event. Unless the actual sale capital gains reflect the increase in the value of the asset or investment and are not taxable unless a taxable event is triggered.